KELPDAO $292M HACK — Biggest DeFi Attack of 2026!
A massive blow has hit the DeFi world! KelpDAO's rsETH bridge has been exploited and hackers drained $292 Million (116,500 rsETH) — making this the largest DeFi hack of 2026!
What Happened?
The attacker manipulated LayerZero's cross-chain messaging system by sending a fake instruction, draining funds from the rsETH bridge. The stolen rsETH was then deposited as collateral on Aave V3 to borrow $236M+ in WETH!
Market Impact:
🔴 AAVE token dropped 10-13%
🔴 Aave V3 & V4 froze all rsETH markets
🔴 SparkLend and Fluid also shut down their markets
🔴 rsETH holders across 20+ blockchains are affected
Key Stats:
Stolen Amount: ~$292 Million
Tokens Drained: 116,500 rsETH (18% of supply)
Bad Debt on Aave: $280M+
Attack funded via: Tornado Cash
If you hold rsETH or Aave WETH positions — check your exposure RIGHT NOW!
#DeFiHack #CryptoSecurity #rsETH #Aave #LayerZero #AltcoinRecoverySignals #DeFi #Ethereum #CryptoNews